Edward Pickus - Jul 19, 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role: Chief Accounting Officer
Signature: /s/ Edward Pickus
Stock symbol: SEAT
Transactions as of: Jul 19, 2023
Transactions value $: -$4,463
Form type: 4
Date filed: 7/21/2023, 05:31 PM
Previous filing: Jun 13, 2023
Next filing: Sep 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEAT	Class A Common Stock	Options Exercise		+1.82K	+11.32%		17.9K	Jul 19, 2023	Direct	F1
transaction	SEAT	Class A Common Stock	Sale	-$4.46K	-541	-3.03%	$8.25	17.3K	Jul 20, 2023	Direct	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SEAT	Restricted Stock Units	Options Exercise	$0	-1.82K	-10%	$0.00	16.4K	Jul 19, 2023	Class A Common Stock	1.82K		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2	Represents shares sold pursuant to a mandatory "sell to cover" provision of the RSU agreement to satisfy tax withholding obligations arising in connection with the vesting and settlement of the RSUs.
F3	Represents the weighted average sale price of multiple transactions at prices ranging from $8.25 to $8.28 per share. The reporting person undertakes to provide, upon request from the staff of the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4	The RSUs have vested and settled or will vest and settle, as applicable, in 16 equal quarterly installments beginning on January 19, 2022, such that the RSUs will become fully vested on October 19, 2025. The RSUs do not have an expiration date.